KTC raised its ordinary profit forecast for the current fiscal year by 3% and lifted its full-year earnings outlook. Under the new assumptions, ordinary profit is expected to be 690 and net sales 8,300, among other figures announced.
In its earnings flash, KTC raised its ordinary profit forecast for the current fiscal year by 3%. Following the revision, ordinary profit is 690, net sales are 8,300, operating profit is 650 and net profit is 480, representing an improvement from the previous outlook.
By component, net sales were lowered from the previous forecast of 8,500 to 8,300, while operating profit was revised upward to 650 and ordinary profit from 670 to 690. Net profit was revised upward from 470 to 480.